Which of the following statements is false?
A)Excessive financial regulation is thought by the majority of observers to be one of the factors causing the global financial crisis to materialise and become pronounced
B) Excessive financial deregulation is thought by the majority of observers to be one of the factors causing the global financial crisis to materialise and become pronounced
C) Major countries shifted to a system of flexible of floating exchange rates in 1973
D) By the 1980s exchange rates had become volatile and misaligned

Question

Quizplus · Accepted Answer

The majority of observers and experts believe that excessive financial deregulation, rather than regulation, was a significant factor contributing to the global financial crisis. This deregulation led to a lack of oversight and control, which allowed risky financial practices to proliferate, ultimately contributing to the crisis.

Which of the Following Statements Is False